JD Edwards Accounts Payable

Once you've placed that purchase order and the supplier has done his part, JD Edwards' Accounts Payable lets
you "pay the man", along with all of the other features you need for a complete payables management system!
The main features of the Accounts Payable system include:

Supplier Database Management

Voucher Processing

Automatic Payment Processing

Manual Payment Processing

"As Of" Reporting

Integrity Reporting

Supplier Database Management

The JD Edwards Supplier Master is an extension of the Address Book. It contains all the data you need to
maintain for your suppliers, including:

Addresses, contacts and phone numbers

Currency Codes

Tax information

Payment Information

Bank Account and Transit information

And much more...

Voucher Processing

The A/P system allows you to mange many different types of vouchers. Most commonly, you will process
payments for vouchers created by purchase order receipts, or "standalone" vouchers entered directly
into the Accounts Payable Sub-ledger. If needed, the system handles a variety of other special-purpose
transactions including logged, recurring, prepayment, batch vouchers and more.

Automatic Payment Processing

If you need to process large numbers of payments at one time with minimal manual intervention, "Auto Pay"
could be just the ticket. You have the option of generating a Cash Requirements report, or you can simply
set up the automatic payment transaction for specific vendors, date ranges, payment instruments and a
variety of other selection criteria.

If you do need manual intervention, Auto Pay lets you select individual payments from the "Payment Group"
that the system creates. You may choose to partially pay, defer, or cancel the payment before submitting
the transaction.

Manual Payment Processing

In lieu of Automatic Payments, you may decide to evaluate specific invoices before you pay them. Directly
accessing the Accounts Payable Ledger allows you to individually review open invoices before payment is made.

"As Of" Reporting

Of course, the JD Edwards Accounts Payable Ledger is a live, interactive view of all invoices, payments and
adjustments for each of your suppliers. However, if you have a need to take a snapshot of A/P data "as of"
some particular date in the past, "As Of" reporting allows you to do this.

The system will create a "work file" based on criteria that you define. Once done, you can slice and dice
data in the A/P Ledger with sorting and sequencing filters to give you the exact data that you need.

Integrity Reporting

When the dust settles from all the day-to-day transaction processing, you need to know that the A/P
Sub-ledger is in sync with your G/L. A variety of integrity reports exist to help you uncover and address
any discrepancies before month-end close!

This is brief review of the components and processes associated with the JDE Accounts Payable module.
For more information, a 3-day course taught by JDEtips is recommended.

JDEtips provides exceptional configuration-level JDE training for IT staff and key business users. We help you gain and maintain the solid JD Edwards
knowledge base needed to squeeze the most operational efficiencies from your JDE solution. 47 public or private, live, instructor-led classes have
been designed to give you the key knowledge needed to master configuration of specific JDE functionality.